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Nitto Boseki Co (TSE:3110) Net Margin % : 7.31% (As of Dec. 2023)


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What is Nitto Boseki Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nitto Boseki Co's Net Income for the three months ended in Dec. 2023 was 円1,850 Mil. Nitto Boseki Co's Revenue for the three months ended in Dec. 2023 was 円25,307 Mil. Therefore, Nitto Boseki Co's net margin for the quarter that ended in Dec. 2023 was 7.31%.

The historical rank and industry rank for Nitto Boseki Co's Net Margin % or its related term are showing as below:

TSE:3110' s Net Margin % Range Over the Past 10 Years
Min: 3.17   Med: 7.79   Max: 12.13
Current: 7.82


TSE:3110's Net Margin % is ranked better than
76.32% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.58 vs TSE:3110: 7.82

Nitto Boseki Co Net Margin % Historical Data

The historical data trend for Nitto Boseki Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nitto Boseki Co Net Margin % Chart

Nitto Boseki Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.73 10.29 7.76 3.17 7.82

Nitto Boseki Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.85 5.22 10.95 7.31 7.66

Competitive Comparison of Nitto Boseki Co's Net Margin %

For the Textile Manufacturing subindustry, Nitto Boseki Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nitto Boseki Co's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Boseki Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nitto Boseki Co's Net Margin % falls into.



Nitto Boseki Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nitto Boseki Co's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=7296/93253
=7.82 %

Nitto Boseki Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1850/25307
=7.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nitto Boseki Co  (TSE:3110) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Nitto Boseki Co Net Margin % Related Terms

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Nitto Boseki Co (TSE:3110) Business Description

Traded in Other Exchanges
Address
2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-8489
Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.

Nitto Boseki Co (TSE:3110) Headlines

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